Looking to Partner with Real Estate Professionals

[JackTheFlipper]

We are looking to aggressive real estate professionals in which to partner. We will be contracting to buy houses in several areas and will need the additional "feet in the street" to assist us.

You will share 50% of the profits on each transaction that closes. You could make an extra $10K, $20K or $30K or more per month.

If you want to know how you can partner with us, let us know.

Thanks.

[kensmith]

Give some details as to what you are doing and i will let you know if my team of agents would have an interest. Would be best if you posted more details of what you are looking for, but a PM is fine also.

[JackTheFlipper]

Sure.

We will be contracting to purchase houses that we will in turn resell to our core list of buyers. We are looking for nice houses that are ready-to-go in nice areas.

Our target is houses that can be purchased at a discount of 15%-20% or thereabouts.

If we find suitable agent(s) in which we can work, we will train them on our methods and what we expect from them in the field.

Since this will be a joint venture partnership, there will be defined roles and responsibilities that we would expect from each partner. Most of the backend work (negotiating, presenting contracts, etc.) will be handled by us.

Basically, we need our partners to help us find the right houses in each market or find us buyers for houses we have found. This would work out well for buyer's agents who have buyers who need seller financing options to get into a house.

It will be a different relationship than what most are used to having. It is more lucrative and there is not the frustration of running around showing hundreds of houses to picky buyers.

We know it's not for everyone but it is for those who need additional income and want to really blossom in the real estate investing arena.

[ChicagoDrew]

Do you have a set area that your looking in? City or burbs?

[JackTheFlipper]

The Chicagoland offers a good supply of solid homes in many of the neighborhoods. This is quite different than a lot of cities. I would definitely consider the city in this case as long as the houses are nice and in nice areas. These would be areas where buyers are trying to get into.

We really can't be in a position to be pioneers. I know there is money to be made in many areas, but our program doesn't give us room to do this.

There are many suburban areas that are good and we definitely would entertain working in those areas.

You know our criteria and if you find a home that fits it, we would welcome the chance to buy whatever area that make sense.

[Andrea Messenger]

Hi Jack-
Sounds interesting. I know there is some opportunity in the Phoenix area for purchasing below market. The only catch is that most of these homes need at least some work -- even if just cosmetic. The homes that are "move-in ready" typically sell quicker at or only slighlty below market.

Are you looking only at a buy-and-resale strategy or are you also looking to fix and flip properties for profit? I can think of several properties I've shown lately that could use some work and may be good flips.